I just wrote a post on how my calculation of their 2013 performance is far different from their calculation.

Writing that post prompted me to check up on some other numbers posted on the Gone Fishin’ Portfolio website. Here is a chart where they supposedly show how much better they would have done than the S&P 500 over the last 10 years. I ...

In a previous post I speculated as to how the Gone Fishin’ Portfolio guys would react given how poorly their portfolio did in 2013.

I notice on their home page they now have a long explanation about asset allocation, diversification, etc, which is about half correct and half wrong. This is one of my major problems with them. They mix in deceptive principles like survivorhsip bias along with solid principles like diversification.

Did Emanuel Cleaverjust complain to Janet Yellen about how you order food at Chili’s?

Why yes he did. Apparently Chili’s has a system where you sit at your table and order food over an intercom rather than having a waiter come to your table. Cleaver thinks that this is an example of why we have high unemployment.

First there is the obvious issue of technology and change. It is a big mistake to ...

Watching Janet Yellen’s first testimony to Congress as Chairman(woman) of the Federal Reserve.

It is one of the more ridiculous things I have seen in the political sphere. We all know that politics is a lot about posturing and show – then behind the scenes all sorts of deals take place that we aren’t told about. We also know that congressional hearings have little to do with finding truth and more to do with making a public show.

My wife recently commented to me about the Charles Schwab ad campaign. You know, those ads with the “Talk to Chuck” slogan. They encourage you to “take control of your destiny,” and “make your own decisions.”

They are well done. They leave you with a feeling of inspired empowerment. The feeling is a fallacy, but the ads generate it nonetheless – so hat is off to whatever advertisement firm came up with those.